1. Home
  2. Browse Decisions
  3. T.C.
  4. 21 T.C.
  5. 21 T.C. 769 (1954)
 

TIMKEN-DETROIT AXLE COMPANY v. COMMISSIONER

Docket No. 38160.

21 T.C. 769 (1954)

THE TIMKEN-DETROIT AXLE COMPANY, AN OHIO CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated February 26, 1954.

Attorney(s) appearing for the Case

Emmett E. Eagan, Esq., for the petitioner.

Roy E. Graham, Esq., for the respondent.

The Commissioner has determined a deficiency of $68,541.52 in petitioner's income tax for the fiscal year ended June 30, 1948. The deficiency results from several adjustments made by the Commissioner in the income tax return filed by petitioner. The only adjustment contested by the petitioner is the Commissioner's determination that petitioner realized a taxable gain on the sale of 14,754 shares of its common stock.

FINDINGS...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases